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After dismal jobs report, unemployment rate could hit postwar high
It's beginning to look like America's unemployment rate is going to get worse before it gets better. That's a political problem. Now that the rate is officially in double-digits, the pressure is certain to build on President Obama and Congress to find ways to create new jobs. Economically, however, the picture ...
Christian Science Monitor Saturday, November 07, 2009

Hester plots rebuild for RBS as bid emerges for US offshoot
STEPHEN Hester, chief executive of Royal Bank of Scotland, took the first tentative steps to putting it on a firmer footing yesterday as a £1.5 billion potential bid emerged f
Scotsman Saturday, November 07, 2009

Shares in BA rise on back of investor confidence
SHARES in British Airways jumped 7 per cent yesterday as the airline signalled that business was stabilising, eclipsing predictions of another £400 million-plus in annual loss
Scotsman Saturday, November 07, 2009

Thousands face axe as chief admits RBS only half way through cull
THOUSANDS more jobs will be axed by Royal Bank of Scotland, the chief executive Stephen Hester admitted yesterday.
Scotsman Saturday, November 07, 2009

Judge scolds Hecker for scant financial disclosures
Clearly out of patience, Judge Jay Quam told the former car dealer to provide the answers he wants by Nov. 13.
Star Tribune Saturday, November 07, 2009

Danish drugmaker closing Brooklyn Park facility
Danish drugmaker Genmab is closing its Brooklyn Park plant as part of money-saving efforts, putting 130 people out of work.
Star Tribune Saturday, November 07, 2009

Prosperan Bank spiraled from solid to shuttered in 7 months
The Oakdale lender, which had $200 million in assets, was sold to Alerus of North Dakota.
Star Tribune Saturday, November 07, 2009

Wal-Mart, Amazon and Target tangle in DVD price war
Wal-Mart is upping the ante heading into the holiday season, trimming the online preorder prices of some upcoming DVDs following last month's price cut on books.
Houston Chronicle Saturday, November 07, 2009

FDIC Takes Over 5 More Banks
Brings Total Bank Failures this Year to 120
CBS News Saturday, November 07, 2009

Iran lawmakers: No shipment of uranium abroad
Senior Iranian lawmakers rejected on Saturday any possibility of Tehran shipping uranium abroad for further enrichment, intensifying pressures on the government to reject the U.N.-backed plan altogether. Prominent conservative lawmaker Alaeddin Boroujerdi... Iran - Alaeddin Boroujerdi - Uranium - Middle East - Society and Culture
SF Gate Saturday, November 07, 2009

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